NOT LISTED FOR SALE

117 Featherbed Ln South Hero, VT 05486

Estimated Value: $1,570,617

23 Beds
15.5 Baths
6,898 Sq Ft
$228/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $1,499,900 $217 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $10,722/month

3 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Community Beach Access
  • Guest House
  • 321 Feet of Waterfront
  • Private Dock
  • Lake View

About This Home

As of October 2023

Situated on a 6 acre lot overlooking Lake Champlain's Paradise Bay sits a fully operationally business know as the Anchorage. A cabin resort featuring 14 cabins and a main lodge established in 1957, now on it's second owners, the tradition of cabin getaways on over 300' of waterfront still carries on. Come be the next stewards of this charming resort and put your spin on a quintessential business in the Champlain Islands! The property has received extensive modifications and updates to 13 of the 14 cabins and the main lodge over the past 6 years, from paint/decor to rebuilds/additions, nothing has been left untouched. Each cabin is unique in size and decor with 1-2 bedrooms, 3/4 private baths, and all include a small fridge, microwave and Keurig. The main lodge features a commercial kitchen and 45+ person dining room, guest living and game rooms, a large screened back porch, and a front deck with easterly Lake views perfect for watching the sunrise while the owner/manager living quarters boast 2 bedrooms with en-suite 3/4 baths, a private living area and screened porch. Multiple outbuildings afford ample workshop/storage space for the included equipment and rental boat fleet that guests can enjoy. Continue with the current business and tradition, create your family compound, or take advantage of the development potential for a PUD or single family neighborhood on this large lakefront property, the options and opportunity are unlimited. Schedule your tour today!

Last Listed By

Flex Realty Group

Flex Realty Listed on: 06/07/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,924

Year Built

  • Built in 1958

Lot Details

  • 6.09 Acre Lot
  • 321 Feet of Waterfront
  • Lake Front
  • Landscaped
  • Lot Sloped Up
  • Property is zoned Shoreline District/Res

HOA Fees

  • $90 Monthly HOA Fees

Property Views

  • Lake Views
  • Countryside Views

Home Design

  • Contemporary Architecture
  • Cabin
  • Concrete Foundation
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Shake Siding
  • Stone Exterior Construction
  • Cedar

Interior Spaces

  • 1.5-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Blinds
  • Dining Area
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Walk-In Pantry
  • Stove
  • Gas Range
  • Range Hood
  • Freezer
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 23 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Interior Basement Entry
  • Laundry in Basement
  • Basement Storage

Parking

  • 1,120 Car Parking Spaces
  • Stone Driveway
  • Gravel Driveway
  • Unpaved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access To Lake
  • Nearby Water Access
  • Property is near a lake
  • Mooring
  • Private Dock
  • Docks
  • Deck
  • Shed
  • Outbuilding

Additional Homes

  • Guest House

Schools

  • Folsom Comm Ctr Elementary School
  • Folsom Ed. And Community Ctr Middle School
  • Choice High School

Utilities

  • Wall Furnace
  • Vented Exhaust Fan
  • Boiler Heating System
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Underground Utilities
  • 200+ Amp Service
  • Water Heater
  • Septic Tank
  • Private Sewer
  • Leach Field
  • Internet Available
  • Cable TV Available

Community Details

Overview

  • Association fees include plowing

Recreation

  • Boat Dock
  • Mooring Area
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,924

Year Built

Built in 1958

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Status Detail: Closed
  • Style: Cabin, Contemporary
  • Directions: From Interstate Exit 17 - US Rt 2 W towards South Hero (6.3 miles), right onto Featherbed Lane (.6 miles), Keep left on Featherbed (.4 miles), Property on left, see sign.
  • Construction: Existing
  • Total Stories: 1.5
  • Price Per Sq Ft: 217.44
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1958
  • Remarks Public: Situated on a 6 acre lot overlooking Lake Champlain's Paradise Bay sits a fully operationally business know as the Anchorage. A cabin resort featuring 14 cabins and a main lodge established in 1957, now on it's second owners, the tradition of cabin getaways on over 300' of waterfront still carries on. Come be the next stewards of this charming resort and put your spin on a quintessential business in the Champlain Islands! The property has received extensive modifications and updates to 13 of the 14 cabins and the main lodge over the past 6 years, from paint/decor to rebuilds/additions, nothing has been left untouched. Each cabin is unique in size and decor with 1-2 bedrooms, 3/4 private baths, and all include a small fridge, microwave and Keurig. The main lodge features a commercial kitchen and 45+ person dining room, guest living and game rooms, a large screened back porch, and a front deck with easterly Lake views perfect for watching the sunrise while the owner/manager living quarters boast 2 bedrooms with en-suite 3/4 baths, a private living area and screened porch. Multiple outbuildings afford ample workshop/storage space for the included equipment and rental boat fleet that guests can enjoy. Continue with the current business and tradition, create your family compound, or take advantage of the development potential for a PUD or single family neighborhood on this large lakefront property, the options and opportunity are unlimited. Schedule your tour today!
  • List Agent: 282458
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Range Hood, Freezer, Range - Gas, Refrigerator, Washer, Ice Maker-Stand Alone, Vented Exhaust Fan
  • Equipment: Smoke Detector, Stove-Gas
  • Features Interior: Blinds, Cathedral Ceiling, Ceiling Fan, Dining Area, Fireplace - Gas, Fireplace - Wood, Fireplaces - 2, Furnished, Hearth, Laundry Hook-ups, Primary BR w/ BA, Natural Light, Walk-in Closet, Walk-in Pantry, Laundry - Basement
  • Total Bedrooms: 23
  • Flooring: Carpet, Vinyl, Wood
  • Total Bathrooms: 16
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 15
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete, Partially Finished, Stairs - Interior, Storage Space, Interior Access
  • Level 1: Level 1: Den, Level 1: Dining Room, Level 1: Kitchen
  • Level 2: Level 2: Bedroom, Level 2: Bath - 3/4, Level 2: Primary Bdm Ste
  • Room 1: Dining Room, On Level: 1
  • Room 2: Den, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Primary BR Suite, On Level: 2
  • Room 5: 2
  • Room 6: Bedroom, On Level: 2
  • Sq Ft - Apx Finished AG: 6898
  • Sq Ft - Apx Total: 8898
  • Sq Ft - Apx Total Finished: 6898
  • Sq Ft - Apx Unfinished BG: 2000

Exterior Features

  • Construction: Wood Frame
  • Driveway: Crushed Stone, Gravel
  • Exterior: Cedar, Combination, Shake, Shingle, Stone, Wood Siding
  • Foundation: Concrete, Post/Piers, Poured Concrete, Slab w/ Frost Wall
  • Road Frontage: Yes
  • Roads: Gravel, Private
  • Roof: Shingle - Architectural, Shingle - Asphalt
  • Features Exterior: Boat Mooring, Docks, Deck, Guest House, Natural Shade, Outbuilding, Porch, Porch - Covered, Porch - Screened, Private Dock, Shed, Beach Access
  • Water Body Access: Yes
  • Water Body Type: Lake
  • Water Frontage Length: 321
  • Water Access Details: Beach Access, Directly Adjoining
  • Water Body Name 2: Lake Champlain
  • Waterfront: Yes
  • Waterfront Rights: Exclusively Owned
  • Water View: Yes

Garage/Parking

  • Parking: Driveway, Off Street, On-Site, Parking Spaces 11 - 20, Unpaved

Utilities

  • Cable Company: Checkbox Internet
  • Electric: 200 Amp, Circuit Breaker(s)
  • Fuel Company: Cotas
  • Sewer: Concrete, Leach Field, Leach Field - Conventionl, On-Site Septic Exists, Private, Septic
  • Water: Community
  • Water Heater: Owned
  • Heating Fuel: Gas - LP/Bottle, Wood
  • Heating: Wall Furnace, Wood Boiler
  • Electric Company: VELCO
  • Utilities: Cable, Satellite Internet, Underground Utilities

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • Fee: 1080
  • Fee Includes: Plowing
  • Association Amenities: Beach Access, Boat Mooring, Docks

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: South Hero School District
  • Elementary School: Folsom Comm Ctr
  • Middle School: Folsom Ed. and Community Ctr
  • High School: Choice
  • Elementary School: Folsom Comm Ctr
  • High School: Choice

Lot Info

  • Lot Sq Ft: 265280
  • Lot Acres: 6.09
  • Lot Description: Country Setting, Lake Access, Lake Frontage, Lake View, Lakes, Landscaped, Waterfront
  • Owned Land: Yes
  • Surveyed: Unknown
  • Zoning: Shoreline District/Res
  • Deed Book: 138
  • Deed Page: 579-581
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 18923.81
  • Tax Year: 2023

MLS Schools

  • School District: South Hero School District
  • School Middle Jr: Folsom Ed. and Community Ctr

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Oct 31, 2023
Sold by
Hero'S Hideaway Llc
Bought by
Westhero Llc
Seller's Agent
Flex Realty Group
Flex Realty
Buyer's Agent
Evan Potvin
Coldwell Banker Islands Realty
List Price
$1,499,900
Sold Price
$1,499,900
Total Days on Market
3
Views
8
Current Estimated Value
$1,570,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,717
Avg. Annual Appreciation
3.10%

Purchase Details

Listed on
Jul 29, 2016
Closed on
Feb 3, 2017
Sold by
Steadman Warren B
Bought by
Hero'S Hideaway Llc
Seller's Agent
Andrea Champagne
Champagne Real Estate
Buyer's Agent
Eric Jarvis
Flex Realty
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.97%

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Westhero Llc $1,499,900 --
Westhero Llc $1,499,900 --
Hero'S Hideaway Llc -- --
Hero'S Hideaway Llc -- --
Hero'S Hideaway Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $1,499,900 0.0% $217 / Sq Ft
06/10/2023 06/10/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $1,499,900 +114.3% $217 / Sq Ft
02/03/2017 02/03/17 Sold $700,000 -3.4% $121 / Sq Ft
09/25/2016 09/25/16 Pending -- -- --
07/29/2016 07/29/16 For Sale $725,000 -- $125 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $23,083 $890,200 $496,300 $393,900
2023 $15,367 $881,900 $496,300 $385,600
2022 $18,924 $881,900 $496,300 $385,600
2021 $18,108 $874,900 $496,300 $378,600
2020 $18,069 $874,900 $496,300 $378,600
2019 $17,499 $874,900 $496,300 $378,600
2018 $16,555 $874,100 $545,900 $328,200
2017 $16,170 $874,100 $545,900 $328,200
2016 $18,183 $996,700 $664,700 $332,000
Source: Public Records

Agents Affiliated with this Home

  • Flex Realty Group

    Seller's Agent in 2023

    Flex Realty Group

    Flex Realty

    (802) 399-2860

    1,764 Total Sales

    Flex Realty Group
    Section Image
  • Evan Potvin

    Buyer's Agent in 2023

    Evan Potvin

    Coldwell Banker Islands Realty

    (802) 999-6277

    131 Total Sales

    Evan Potvin
    Section Image
  • Andrea Champagne

    Seller's Agent in 2017

    Andrea Champagne

    Champagne Real Estate

    (802) 343-7967

    152 Total Sales

    Andrea Champagne
    Section Image

  • E

    Buyer's Agent in 2017

    Eric Jarvis

    Flex Realty

    (802) 363-8776

    Eric Jarvis
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4956086

PrimeMLS

APN: 603-189-10329

Vermont Grand Isle County South Hero 05486

117 Featherbed Ln, South Hero, VT

Homes for Sale in South Hero, VT

This home is located at 117 Featherbed Ln, South Hero, VT 05486 since 07 June 2023 and is currently estimated at $1,570,617, approximately $227 per square foot. This property was built in 1958. 117 Featherbed Ln is a home located in Grand Isle County with nearby schools including Folsom Educational & Community Center.

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